CIC COMMERCIAL CASUALTY INSTITUTE
ACTUAL EXAM 2026 FULL QUESTIONS
AND SOLUTIONS VIEW AHEAD
◉ What are the 6 Requirements must be met for Coverage-A (BI/PD)
of the CGL to apply?
Answer: 1- Must qualify as an insured
2- Must meet the definitions of: BI, PD, Occurrence and Coverage
Territory
3- BI or PD must be caused by an Occurrence
4- BI or PD must take place within the Coverage Territory
5- BI or PD must occur during the Policy Period
6- Suject to the CGL's Terms and Conditions
◉ T/F
,Physical Injury to tangible property includes all resulting loss of use
of that property
Answer: True
◉ T/F
Loss of Use of tangible property that is not physically injured is
within the definition of Property Damage
Answer: False
◉ T/F
Electronic Data is considered tangible property
Answer: False
◉ The NI manufactures and sells kitchen appliances in the US. A
customer living in Mexico is injured while using an appliance
manufactured by the insured.
What circumstances would allow this claim to be covered?
Answer: Suit must be filed in the US or Coverage Territory
, ◉ The NI, located in New York, is in the fashion business. Do the
following employees have insured status while conducting business
for the NI?
1 - (Yes or No) - A salesperson travels to Europe on business for 10
days?
2 - (Yes or No) - An employee permanently resides in France to
conduct the European Sales business for the NI?
Answer: 1- Yes (Temporary Business Travel)
2- NO (Must be a Resident or Coverage Territory for Coverage to
apply)
◉ ____________ _____________ arises from one party assuming
responsibility for another
Answer: Contractual Liability
◉ What is included as an "Insured Contract"?
Answer: "LEASE Plus"
L-ease, of premises
E-asement or License Agreement
ACTUAL EXAM 2026 FULL QUESTIONS
AND SOLUTIONS VIEW AHEAD
◉ What are the 6 Requirements must be met for Coverage-A (BI/PD)
of the CGL to apply?
Answer: 1- Must qualify as an insured
2- Must meet the definitions of: BI, PD, Occurrence and Coverage
Territory
3- BI or PD must be caused by an Occurrence
4- BI or PD must take place within the Coverage Territory
5- BI or PD must occur during the Policy Period
6- Suject to the CGL's Terms and Conditions
◉ T/F
,Physical Injury to tangible property includes all resulting loss of use
of that property
Answer: True
◉ T/F
Loss of Use of tangible property that is not physically injured is
within the definition of Property Damage
Answer: False
◉ T/F
Electronic Data is considered tangible property
Answer: False
◉ The NI manufactures and sells kitchen appliances in the US. A
customer living in Mexico is injured while using an appliance
manufactured by the insured.
What circumstances would allow this claim to be covered?
Answer: Suit must be filed in the US or Coverage Territory
, ◉ The NI, located in New York, is in the fashion business. Do the
following employees have insured status while conducting business
for the NI?
1 - (Yes or No) - A salesperson travels to Europe on business for 10
days?
2 - (Yes or No) - An employee permanently resides in France to
conduct the European Sales business for the NI?
Answer: 1- Yes (Temporary Business Travel)
2- NO (Must be a Resident or Coverage Territory for Coverage to
apply)
◉ ____________ _____________ arises from one party assuming
responsibility for another
Answer: Contractual Liability
◉ What is included as an "Insured Contract"?
Answer: "LEASE Plus"
L-ease, of premises
E-asement or License Agreement
